$784.38K in average volume shows that Verint Systems, Inc. (VRNT) is heading in the right direction

Verint Systems, Inc. (NASDAQ: VRNT) kicked off on Tuesday, down -0.13% from the previous trading day, before settling in for the closing price of $23.45. Over the past 52 weeks, VRNT has traded in a range of $18.41-$38.17.

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Technology Sector giant saw their annual sales slid by -4.18% over the last five years. While this was happening, its average annual earnings per share was recorded 6.67%. With a float of $60.90 million, this company’s outstanding shares have now reached $62.74 million.

The firm has a total of 3700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 69.8%, operating margin of 13.19%, and the pretax margin is 10.37%.

Verint Systems, Inc. (VRNT) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Verint Systems, Inc. is 1.79%, while institutional ownership is 100.88%. The most recent insider transaction that took place on Sep 16 ’24, was worth 185,086. In this transaction President of this company sold 7,160 shares at a rate of $25.85, taking the stock ownership to the 139,251 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Chief Financial Officer sold 3,389 for $25.85, making the entire transaction worth $87,606. This insider now owns 131,267 shares in total.

Verint Systems, Inc. (VRNT) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 6.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to -22.59% drop over the previous five years of trading.

Verint Systems, Inc. (NASDAQ: VRNT) Trading Performance Indicators

Take a look at Verint Systems, Inc.’s (VRNT) current performance indicators. Last quarter, stock had a quick ratio of 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.59. Likewise, its price to free cash flow for the trailing twelve months is 10.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.67, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 3.12 in one year’s time.

Technical Analysis of Verint Systems, Inc. (VRNT)

Analysing the last 5-days average volume posted by the [Verint Systems, Inc., VRNT], we can find that recorded value of 0.9 million was better than the volume posted last year of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 37.76%. Additionally, its Average True Range was 0.82.

During the past 100 days, Verint Systems, Inc.’s (VRNT) raw stochastic average was set at 4.93%, which indicates a significant decrease from 23.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.71% in the past 14 days, which was lower than the 52.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.00, while its 200-day Moving Average is $30.46. Now, the first resistance to watch is $23.78. This is followed by the second major resistance level at $24.13. The third major resistance level sits at $24.40. If the price goes on to break the first support level at $23.16, it is likely to go to the next support level at $22.89. Should the price break the second support level, the third support level stands at $22.54.

Verint Systems, Inc. (NASDAQ: VRNT) Key Stats

The company with the Market Capitalisation of 1.45 billion has total of 61,714K Shares Outstanding. Its annual sales at the moment are 910,390 K in contrast with the sum of 38,610 K annual income. Company’s last quarter sales were recorded 210,170 K and last quarter income was 5,530 K.